2022
Exports
$2.81MWorld Rnk 42 / 123
Flag Rnk 349 / 1124
2022
PRODUCT COMPLEXITY IN Steel Wire
0.96Rnk 189 / 1025
2022
Imports
$4.02MWorld Rnk 66 / 193
Flag Rnk 684 / 1187
2022
ECONOMIC COMPLEXITY of Pakistan
-0.45Rnk 84 / 133

About

Exports In 2022, Pakistan exported $2.81M in Steel Wire, making it the 42nd largest exporter of Steel Wire in the world. At the same year, Steel Wire was the 349th most exported product in Pakistan. The main destination of Steel Wire exports from Pakistan are: Afghanistan ($2.8M), South Korea ($6.86k), Canada ($4.19k), Indonesia ($210), and Portugal ($107).

The fastest growing export markets for Steel Wire of Pakistan between 2021 and 2022 were Afghanistan ($1.54M), South Korea ($6.86k), and Canada ($3.75k).

Imports In 2022, Pakistan imported $4.02M in Steel Wire, becoming the 66th largest importer of Steel Wire in the world. At the same year, Steel Wire was the 684th most imported product in Pakistan. Pakistan imports Steel Wire primarily from: China ($3.71M), South Korea ($110k), United Arab Emirates ($60.3k), Vietnam ($51.8k), and Turkey ($39.1k).

The fastest growing import markets in Steel Wire for Pakistan between 2021 and 2022 were Mexico ($3.23k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Steel Wire. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.81M
IMPORTS (2022)$4.02M
NET TRADE (2022)-$1.21M

In 2022, Pakistan exported $2.81M in Steel Wire. The main destinations of Pakistan exports on Steel Wire were Afghanistan ($2.8M), South Korea ($6.86k), Canada ($4.19k), Indonesia ($210), and Portugal ($107).

In 2022, Pakistan imported $4.02M in Steel Wire, mainly from China ($3.71M), South Korea ($110k), United Arab Emirates ($60.3k), Vietnam ($51.8k), and Turkey ($39.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steel Wire EXPORT MARKETS FOR Pakistan WERE (2021 - 2022):
Afghanistan$1.54M (123%)
South Korea$6.86k (1%)
Canada$3.75k (845%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steel Wire BY Pakistan WERE (2021 - 2022):
Switzerland-$1.64k (-100%)
Ecuador-$72 (-100%)
Oman-$40 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Pakistan's main exporting competitors in Steel Wire were:
In 2022, Pakistan's main importing competitors in Steel Wire were:

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Trade Value of Steel Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $24.7k
TOP IMPORT POTENTIALChina+ $1.84M

Steel Wire’s highest export potential is South Korea. With an export gap of $24.7k.   Steel Wire’s highest import potential is China with an import gap of $1.84M.

See methodology.

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